BILL ACKMAN: The Last Herbalife Presentation Was 'My Bad'
In hindsight, says Bill Ackman, his latest Herbalife presentation was overhyped and investors may have missed the point, Bloomberg reported."My bad," he told the publication in an interview.After...
View ArticleBill Ackman's Takeover Target Is Now Suing Him For Alleged Insider Trading
It's been a rough couple of weeks for Bill Ackman, and this news isn't going to make it any better.Ackman's hedge fund, Pershing Square, and pharmaceutical company Valeant are being sued for alleged...
View ArticleSorkin Thrashes Bill Ackman On Allergan
Andrew Ross Sorkin over at Dealbook is out with his take on hedge fund manager Bill Ackman and pharmaceutical company Valeant's hostile tag-team attempt to takeover Allergan."...something hasn't...
View ArticleSuddenly, Bill Ackman Isn't Doing So Bad On Herbalife
Shares of Herbalife slipped below $50 on Wednesday morning.That means hedge fund manager Bill Ackman, who runs Pershing Square, could be getting closer to breaking even on his infamous short.It's...
View ArticleGet Ready To Buy Bill Ackman
Bill Ackman is takin a piece of his hedge fund, Pershing Square, public, Bloomberg reports.In a letter to investors, published at Valuewalk, the billionaire wrote that he sees one of his fund's going...
View ArticleThe SEC Is Looking Into Bill Ackman's Big Allergan Deal
The SEC is investigating Bill Ackman and Canadian pharmaceutical company Valeant for their hostile pursuit of Allergan , another pharmaceutical company, according to a report by Dow Jones.Allergan has...
View ArticleBill Ackman Sues The US Government
(Reuters) - Pershing Square Capital Management LP, the hedge fund firm run by William Ackman, on Thursday sued the U.S. government, claiming that its stripping of profits from Fannie Mae...
View ArticleBig Hedge Funds Are Flooding The Bill Ackman Botox-Trade
BOSTON (Reuters) - Billionaire investor William Ackman, who often says he is flattered when others follow him into a stock he likes, was joined by several prominent hedge funds that made new bets on...
View ArticleBill Ackman Just Made Another $161 Million On Burger King
Hedge fund manager Bill Ackman, who runs Pershing Square Capital, is having a big day. He made more than $161 million on his Burger King stake Monday morning.The news ahead of the rise was that U.S....
View ArticleMeet The 16-Year-Old US Open Tennis Phenom Backed By Bill Ackman
Hedge fund titan Bill Ackman, the CEO of $14 billion Pershing Square Capital, is sponsoring 16-year-old tennis phenom Francis Tiafoe.Tiafoe, a top-ranked junior, won his first Grand Slam main-draw...
View Article53 Of The Biggest Tennis Players In Finance
The competitive nature of playing a sport has helped a lot of folks succeed on Wall Street.And tennis is one of the most popular sports in finance today. Wall Street is littered with top tennis...
View Article32 Wonderful Yearbook Photos Of Wall Street's Biggest Players
School is back in session. Before they were masters of the universe, the biggest names on Wall Street were once just regular high school kids, too. They were members of sports and academic teams....
View ArticleIn Herbalife’s Nutrition Clubs, Ackman’s Attacks Fail To Resonate
By Jeffrey Dastin and Daina Beth Solomon(Reuters) - New York hedge fund manager William Ackman says Herbalife is a pyramid scheme that exploits the poor. He has taken a $1 billion bet against the...
View ArticleACKMAN: Allergan Has The 'Most Shareholder-Unfriendly' Defense In The...
Hedge fund manager Bill Ackman sent the following letter to Allergan's board telling them they have put up the most "shareholder-unfriendly" defense in the "history of corporate America." Ackman, who...
View ArticleBill Ackman Could Be Close To Breaking Even On Herbalife Thanks To The...
Bill Ackman, who runs Pershing Square Capital, appears to be approaching the break-even point on his infamous Herbalife short.Shares of Herbalife slipped below $45 on Tuesday. The stock was last...
View ArticleBill Ackman's Big Takeover Deal May Be Spinning Out Of His Hands, And He's...
For months Bill Ackman has been working with the pharmaceutical company Valeant to acquire its peer, Allergan. But with the news that Allergan might acquire another pharmaceutical company, Ackman's...
View ArticleHerbalife Shares Have Recovered All Of The Losses Of Monday's Plunge
Shares of Herbalife are rallying today after they tanked more than 10% going into Monday's close on a rumor that Carl Icahn might be unwinding his position.Fox Business Network's Charlie Gasparino...
View ArticleKYLE BASS: 'I Would Always Bet On Dan Loeb Over Bill Ackman Any Day'
Texan hedge fund manager Kyle Bass just dissed Bill Ackman big-time on CNBC. "I would always bet on Dan Loeb any day over Bill Ackman," Bass said. Bass, who runs Hayman Capital, was long Herbalife — a...
View ArticleSEC Charges 2 Guys With Insider Trading In Herbalife After They Found Out...
The Securities and Exchange Commission has charged two guys for insider trading in Herbalife shares after one of them allegedly learned about Bill Ackman's infamous short position from a Pershing...
View ArticleAckman's Pershing Square Raises $3 Billion In Fund Listing
Pershing Square Holdings, one of Bill Ackman's investment funds, said on Wednesday it had completed a $2.73 billion placing ahead of a stock market listing in Amsterdam.The firm added the exercise of...
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